United States Oil and Gas (FRA:NG5B) LT-Debt-to-Total-Asset: 0.60 (As of Sep. 2011)

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What is United States Oil and Gas LT-Debt-to-Total-Asset?

United States Oil and Gas FRA:NG5B LT-Debt-to-Total-Asset is 0.60 as of Sep. 2011.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. United States Oil and Gas's long-term debt to total assests ratio for the quarter that ended in Sep. 2011 was 0.60.

United States Oil and Gas's long-term debt to total assets ratio increased from Sep. 2010 (0.08) to Sep. 2011 (0.60). It may suggest that United States Oil and Gas is progressively becoming more dependent on debt to grow their business.

United States Oil and Gas  (FRA:NG5B) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

United States Oil and Gas LT-Debt-to-Total-Asset Related Terms

United States Oil and Gas LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for United States Oil and Gas's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

United States Oil and Gas LT-Debt-to-Total-Asset Chart

United States Oil and Gas Annual Data
Trend Dec09 Dec10
LT-Debt-to-Total-Asset
0.13 0.56

United States Oil and Gas Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.56 0.54 0.50 0.60

United States Oil and Gas LT-Debt-to-Total-Asset Calculation

United States Oil and Gas's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

LT Debt to Total Assets (A: Dec. 2010 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2010 )/Total Assets (A: Dec. 2010 )
=2.906/5.179
=0.56

United States Oil and Gas's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

LT Debt to Total Assets (Q: Sep. 2011 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2011 )/Total Assets (Q: Sep. 2011 )
=2.757/4.622
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.60 mean?
United States Oil and Gas (FRA:NG5B) has a LT-Debt-to-Total-Asset of 0.60 as of Sep. 2011. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on United States Oil and Gas and its competitors.
Is United States Oil and Gas' LT-Debt-to-Total-Asset too high?
United States Oil and Gas' current LT-Debt-to-Total-Asset is 0.60.
How does United States Oil and Gas' LT-Debt-to-Total-Asset compare to competitors?
United States Oil and Gas' LT-Debt-to-Total-Asset of 0.60 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on United States Oil and Gas and its competitors. United States Oil and Gas's current LT-Debt-to-Total-Asset is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Oil and Gas stock overvalued right now?
United States Oil and Gas (FRA:NG5B) has a current LT-Debt-to-Total-Asset of 0.60. The current LT-Debt-to-Total-Asset is 0.60. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For United States Oil and Gas (FRA:NG5B), the current LT-Debt-to-Total-Asset is 0.60 as of Sep. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

United States Oil and Gas Business Description

Industry EnergyOil & Gas
United States Oil And Gas Corp was founded in April 2007. The Company identifies and attempts to acquire domestic oil and gas service companies that market and distribute refined fuels, distillates (which are liquid petroleum products that are burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power) and propane to retail and wholesale customers and oversee the operations of the businesses it acquires. Its acquisition targets are small to mid-sized family-run companies. Oil and gas service companies typically purchase bulk fuel and propane from regional suppliers, then store, sell, and deliver the fuel and propane to local businesses, drillers, farms, wholesalers, and individuals.